Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 156.00

+0.6%

Nov 28 9:30 AM EST

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To: Robert Marsh who wrote (3302)	11/5/1997 8:48:00 PM
From: Ira Player	Read Replies (1) of 10921

Three things. 1. I don't play the down side of the market. The few times I've tried, I failed spectacularly. 2. I'm just starting to look at Options, so don't have much experience. So far just a few trial moves (50% profitable). I don't like the lack of liquidity on options. In a market that is moving (like last week), they sometimes sat with no buyer! The prices don't respond as rapidly as the underlying stock movement should allow. 3. At this point in my life, and it will probably change, I don't hedge -- ever. Insurance indicates uncertainty in the decision. If I'm "uncertain", I'm out, not hedged. Ira

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